William Blair analyst Adam Klauber has maintained their bullish stance on ALL stock, giving a Buy rating yesterday.
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Adam Klauber has given his Buy rating due to a combination of factors that highlight Allstate’s strong financial performance and potential for future growth. The company significantly surpassed earnings expectations in the second quarter of 2025, with earnings per share reaching $5.94 compared to the consensus estimate of $3.25. This outperformance was largely driven by improvements in the core auto loss ratio, which has been on an upward trend for eight consecutive quarters, indicating enhanced profitability in their auto insurance segment.
Additionally, Allstate’s homeowners segment has also shown consistent improvement, marking its seventh consecutive quarter of better underlying loss ratios. The company’s strategic actions, such as repurchasing over $340 million in shares, further demonstrate their commitment to enhancing shareholder value. These positive developments suggest that Allstate is on track to exceed the consensus earnings estimate for 2025, aligning closer to Klauber’s higher forecast, thus justifying the Buy rating.
Klauber covers the Financial sector, focusing on stocks such as Progressive, Baldwin Insurance Group, and Allstate. According to TipRanks, Klauber has an average return of 5.2% and a 45.80% success rate on recommended stocks.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $211.00 price target.